The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and energy prices.
The Consumer Price Index report for January is expected to show broadly unchanged annual inflation according to nowcasts. That may be broadly good news for the Fed.
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
Published each month by the Bureau of Labor Statistics (BLS), the CPI provides analysts and consumers with pertinent economic information directly related to inflation movement based on government ...
Cooler-than-expected inflation readings and positive bank earnings provided a string of good news for bulls after a dismal start of the year.
It's important to note that the monthly core CPI has been consistent at 0.3% MoM ... the energy prices are rising, as shown in the chart below. The gasoline futures just broke the key downtrend ...
This table contains the annual rates of change of the CPI from the moment they were first published. The annual rate of change reflects changes in prices of consumer goods and services in a certain ...
Cooler-than-expected inflation readings and positive bank earnings provided a string of good news for bulls, after a dismal start of the year.
The benchmark S&P 500 ( ^GSPC) popped more than 1.8%, while the Dow Jones Industrial Average ( ^DJI) rose more than 1.6%, or ...